Project summary
- Advising the landowners on the planning promotion and valuation of land within the Green Belt extending 257 acres at Ledsham
Solution
- Negotiating terms for three separate Option Agreements with a national housebuilder over a 20 year period to enable them to argue successfully for a release from the Green Belt despite significant sutained local objection
- Planning monitoring throughout the term of the Agreements to ensure compliance by the housebuilder with their contractual obligations
- Planning permission achieved for 2000 units in 2014
- Provided advice on valuation following receipt of planning permission
Benefits
- Created and managed significant uplift in value above agricultural use